Word: ccsr
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...Harvard Committee on Shareholder Responsibility (CCSR) released yesterday its annual explanation of its proxy votes on more than 100 proposals involving companies in which the University holds shares...
...page report explains the non-binding recommendations of the Advisory Committee on Shareholder Responsibility (ACSR)--that contains student members--and the CCSR's final decisions on the issues of social responsibility...
ACSR recommended that Harvard vote in favor of the proposal, but the CCSR followed its precedent and abstained...
Although the CCSR abstained, it "wrote a letter to the company explaining Harvard's policy against tobacco holdings," the report reads...
...There's a slippery slope argument," he said. "If the ASCR sticks to this point it's possible CCSR might redraw the line. It could take a couple of years...